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Life Event: Cosign a Loan

Cosigning a loan can be stressful. A relative or friend may ask for help in getting a car, a student loan, or to purchase property and it can be hard to say no. However, when helping out others make sure you know the risks you are taking. When cosigning a loan be aware of the responsibilities you will have and what you need to do to navigate the entire process without hurting yourself financially.

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